EPA Downplays Methane Plan’s Production, Price Effect As Industry Hedges

EPA is downplaying the notion that its proposed oil and gas methane rules will have a major effect on energy prices, even as major industry groups are signaling they will soon voice specific objections to the agency’s “sweeping” proposal. The conclusions in EPA’s regulatory impact analysis (RIA) issued alongside the Nov. 2 proposal are one of several ways in which the agency is justifying its plan -- with officials also crediting recent congressional action for making it possible to write...